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Marblehead 01945
7 Countryside Lane
$399,900
● House - Off Market

7 Countryside Lane

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,087 Ft²
$760,171
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

A great Value! 1/4 Acre of land, over 2000 Sq. Ft. of house on a dead end street in the Clifton neighborhood in Marblehead for under 400K. This home is minutes from the schools, public transportation, the beach and the walking path at the end of the street. This house has great potential to raise the roof and add up as the neighbors did.  The property is being sold in "as is" condition.
Unit Size
2,087 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$192
Property Type
House
Property Taxes
$37,460
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71554278)

Price History

Date / Event Date Event Price
Sep 27, 2013 Sold
Premium
Sold
Jul 12, 2013 Listed by Coldwell Banker Residential Brokerage - Marblehead $399,900
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,386
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,782
  • Total Building Area: 2,243
  • Gross Building Area: 2,936
  • Building Area: 2,243
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,243
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RALPH SEVINOR REALTY TRUST
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0051 B:0048 L:0
  • Block: 48
  • Municipality: MARBLEHEAD
  • Latitude: 42.4914
  • Longitude: -70.8727

    Address

  • Full Address: 7 Countryside Ln
  • Address - House Number: 7
  • Address - Street Name: Countryside
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C013
  • 4-Digit Zip Code: 2036
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,900

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 889,722
  • High Value: 1,042,239
  • Low Value: 737,205

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $855,900
  • Assessed Land Value: $622,100
  • Assessed Improvements Value: $233,800

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71554278

Frequently Asked Questions

When was property at 7 Countryside Lane built and last sold?
The property at 7 Countryside Lane was built in 1954 and last sold on Jan 1, 1970 for $399,900.
How much is this home worth?
The estimated value of the home located at 7 Countryside Lane is $448,559.
What are some comparable homes to 7 Countryside Lane?
There are currently no comparable homes to 7 Countryside Lane.
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